Announced
Completed
Financials
Sources
Tags
Completed
Private Equity
Domestic
Friendly
Acquisition
Germany
consumer finance platform
FinTech
Single Bidder
Private
Majority
Synopsis
smava, a loan portal in Germany, completed the acquisition of FFG Finanzcheck Finanzportale, an online comparison website for private financial products, from Hellman & Friedman, an American private equity firm, for £176m. The acquisition will strengthen smava's position on the digital consumer lending market in Germany, where the company has served over 500k clients since its launch in 2007.
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